Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
The Indian government is preparing to introduce new tax rules that will significantly expand the powers of income tax officers. From April 1, 2026, tax officials will have the authority to inspect not only physical assets but also digital assets, including emails, social media accounts, online banking, and trading platforms. This move is part of the new Income Tax Bill, which aims to curb tax evasion and increase compliance. New Powers for Tax Officers Under the Income Tax Bill Currently, income tax officials can conduct searches and seize physical assets when tax evasion is suspected. They have the authority to…
Pi Network Coin has once again gained momentum in the crypto market. In the past 24 hours, it has surged 12%, bringing back investor confidence after a recent dip. On Tuesday at 2:30 PM, the coin was priced at $1.75, and exactly 24 hours later, it reached $1.96. This return is far higher than what most other mainstream cryptocurrencies offer in a short period. Pi Network Coin’s Price History – A Rollercoaster Ride Pi Network Coin was launched on February 20, 2024, at $1.84. However, instead of rising, its price crashed within 24 hours, reaching $0.64 on February 21. This…
Paying income tax is a responsibility, but did you know you can legally reduce your tax burden? With the right salary structure and smart use of allowances, you can make your income up to Rs 17 lakh tax-free. The government offers several tax-saving options, and by understanding these, you can save a significant amount of money. This guide will walk you through the allowances, deductions, and strategies you can use to minimize your tax liability. Whether you’re a salaried professional or a business owner, these tips will help you keep more of your hard-earned money. How to Make Your Salary…
Investing in mutual funds is one of the best ways to grow your money over time. However, if you’re new to the world of mutual funds, the jargon can be overwhelming. Terms like NAV, SIP, AUM, and exit load might sound confusing, but understanding them is crucial to making smart investment decisions. This guide breaks down the most important mutual fund terms in simple language, so you can start your investment journey with confidence. Whether you’re planning to invest a lump sum or through SIPs, this guide will help you navigate the world of mutual funds like a pro. What…
US President Donald Trump has introduced a new visa scheme called the “Gold Card” visa, targeting wealthy individuals worldwide. This plan replaces the older EB-5 visa and offers a faster route to US residency. But what does this mean for Indians? Let’s break it down. What is the Gold Card Visa? The Gold Card visa is a new program designed to attract wealthy investors to the United States. Under this scheme, individuals who invest $5 million (approximately Rs 45 crore) will get a chance to secure US residency. Unlike the EB-5 visa, which required job creation, the Gold Card visa…
In today’s digital era, safeguarding your Demat account against fraud is paramount to ensure the security of your investments. A Demat account, serving as an electronic repository for your securities, offers convenience but also presents potential vulnerabilities if not properly protected. Implementing robust security measures can significantly reduce the risk of unauthorized access and fraudulent activities. 1. Choose a Reputable Depository Participant (DP) The foundation of a secure Demat account begins with selecting a trustworthy Depository Participant. Conduct thorough research to assess the DP’s credibility, market reputation, and regulatory compliance. Opt for DPs with a proven track record of reliability…
Commodity trading is an exciting way to invest in raw materials like gold, silver, crude oil, and agricultural products. Just like stock market trading, commodity trading takes place on exchanges where buyers and sellers trade contracts based on future price movements. The best part? It’s completely online and can be done from the comfort of your home. If you’re looking to start trading commodities, the first step is to open a commodity trading account. Here’s a simple guide to help you understand the process and the benefits you get from it. What is Commodity Trading? Commodity trading involves buying and…
The Indian government’s Budget 2025 has introduced significant changes to the income tax filing process, aiming to simplify compliance and provide taxpayers with more flexibility. One of the key updates is the extension of the deadline for filing updated income tax returns (ITR-U) from two years to four years. This change offers individuals ample time to correct errors, report previously unclaimed income, and adhere to tax regulations. What is an Updated Income Tax Return (ITR-U)? An Updated Income Tax Return, commonly referred to as ITR-U, is a form that allows taxpayers to revise their previously filed income tax returns. If…
Starting a Systematic Investment Plan (SIP) in mutual funds is a great way to grow your wealth over time. However, choosing the right type of mutual fund—active or passive—can be confusing for many investors. Understanding these two categories is essential to align your investments with your financial goals. This guide breaks down the basic differences between active and passive funds in simple terms to help you make better investment decisions. What Are Active Mutual Funds? Active mutual funds are professionally managed by fund managers who actively decide which stocks, bonds, or other securities to buy and sell. The main goal…
From April 1, 2025, the government will introduce the Unified Pension Scheme (UPS) as part of the National Pension System (NPS). This new pension framework will provide central government employees an option to ensure a minimum guaranteed pension, addressing long-standing demands for better retirement security. This scheme, approved by the Union Cabinet in August 2024, will benefit around 23 lakh central employees. Here’s everything you need to know about its conditions, contributions, and eligibility. What is the Unified Pension Scheme? The Unified Pension Scheme is an extension of the NPS, designed to offer a guaranteed pension to central government employees.…